Plan Ledger DOL Form 5500 · updated monthly

Econolite Group, Inc.401(k)

ECONOLITE GROUP, INC. 401(K) PLAN · ANAHEIM, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Econolite Group, Inc. reported $77,261 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $842 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.30% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,715th-largest of 9,483 plans among California employers on file, and the 4,552nd of 13,661 in manufacturing. In 2024, employees put in $8.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,379,001
Participants with balances299
Active participants300
Employer contributions$252,727
Employee contributions$2,266,575
Employer contribution per active participant$842
Average account balance$98,258
Benefits paid to participants$4,875,273
Plan auditUnmodified (clean) audit opinion
AuditorJENKINS BOWLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 299 accts · $253K emplr
2023$26.7M · 271 accts · $227K emplr
2022$24.3M · 270 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,458
Investment management$43,803
Total administrative$77,261
The Econolite Group, Inc. 401(k) match · 2024
Employer contribution per active participant$842
Median for plans this size$2,416
2024$842 per active participant
2023$812 per active participant
2022$830 per active participant

Econolite Group, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$37,612
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,458
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,191

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$77,261 · 0.28%
2023$74,320 · 0.29%
2022$87,722 · 0.30%
Similar plansManufacturing · California
Phillips Industries, Inc. CA$30.0M · 0.04%
Evolus, Inc. CA$29.3M · 0.01%
Dunlop Manufacturing Inc CA$29.0M · 0.42%
Vintage Wine Estates CA$28.9M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330019158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.